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Sayona Mining (ASX:SYA) 6-Month Price Index : 0.58 (As of May. 24, 2024)


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What is Sayona Mining 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-24), Sayona Mining's 6-Month Price Index is 0.58.


Competitive Comparison of Sayona Mining's 6-Month Price Index

For the Other Industrial Metals & Mining subindustry, Sayona Mining's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sayona Mining  (ASX:SYA) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sayona Mining  (ASX:SYA) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.


Sayona Mining 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Sayona Mining's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


Sayona Mining (ASX:SYA) Business Description

Traded in Other Exchanges
Address
283 Given Terrace, Unit 68, Paddington, QLD, AUS, 4064
Sayona Mining Ltd is a mineral exploration and development company. The principal activity of the company is the identification, acquisition and evaluation of mineral exploration assets, focusing on lithium and graphite. The company's primary focus is the development of the advanced-stage Authier lithium project in Quebec, Canada. It also holds interests in East Kimberley Graphite Project and West Australian Lithium Project.

Sayona Mining (ASX:SYA) Headlines

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